Construction Claims Executive

7 days ago

Peacehaven, United Kingdom Lockton Companies Full time

We have a new exciting opportunity within Lockton's Construction Practice for an Claims Executive. Our Construction Practice deliver innovative insurance placements and risk management services for organisations inthe Construction sector. In this role you will provide claims handling services to an allocated portfolio of clients while supporting the overall claims service provision to our clients, and supporting associates within the team.Managing claims to conclusion, liaising effectively and appropriately with the client, insurer, loss adjuster and any other interested partyProvision of advice on the application of policy cover and the necessary documentation/information required to progress the claimNegotiating with insurers to achieve the most beneficial and cost-effective settlement for the clientNegotiating with insurers to ensure reserves are realistic and appropriateEnsuring claims are registered and appropriately updated on our systemAttending internal / external meetings as required and arranging / chairing claim review meetings with clients when appropriateReport any major or sensitive claims to Account Executive responsibleUnderstand the appropriate claims notification and investigation procedures applicable to each class of insuranceUnderstand the insurance programme and service plans for an allocated portfolio of clients and document client specific claim handling arrangements for internal purposesProvide feedback for insurer review meetings and actively contribute to the development of relationshipsBuild and nurture close, long-lasting relationships by developing a constantly expanding network of client, insurer, lawyer and loss adjuster contactsProvide management information as requestedMaintain records on our internal systems and pro-actively perform claims cleansingMaintenance of a diary system for outstanding workloadPrepare and maintain client claim experiencesWork closely with Construction Claims Leader and Construction Claims AVP in handling claims under guidance / licence.Provide input and guidance to Construction Claims Administrator as requiredUndertake specific tasks as directed by management, adhering to agreed project plans and timescalesCandidate ProfileExcellent technical claims experience with strong knowledge of the London MarketUnderstanding of the relevant classes of business such as Construction All Risks and Third Party Liability (any first party and third party cover claims handling experience would be considered)Ability to prepare and interpret claims experiences and analysesExcellent communication skills – to effectively and professionally communicate both verbally and in writing with clients, insurers and colleaguesWillingness and ability to continue to develop knowledge through formal and informal learning, both internal and external to the companyAbility to manage time, prioritise and ensure that deadlines are met without compromising qualityAnalytical and problem-solving skills, including research and investigationAn understanding of regulatory controls and proceduresKnowledge of LOCS, Brokasure, ECF and Microsoft Office would be of benefitCII qualifications would be advantageous #J-18808-Ljbffr

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